Sentences with phrase «oil prices plunged in»

The firm didn't miss a quarterly increase when oil prices plunged in 2014 and 2015.

Along with prices for just about every other risky and cyclically sensitive asset, oil prices plunged in late summer, and then quickly surged.

Instead, oil prices plunged in 1986.

Not exact matches

Although OPEC and allies have never officially targeted any specific price of oil with the production cut agreement, each member of the pact knows very well where they want oil prices to be in order to balance their budgets that have been stretched thin in the price plunge.

Since Medline became CEO at the Toronto - based retailer in 2014, oil prices have plunged to below US$ 50 a barrel, creating economic hardship in Western Canada.

Citi's comments come as oil prices have recovered from a plunge in 2014 with the bank seeing the first stop for the rally at about US$ 65 a barrel, around 25 % more than current price levels.

Many economists worried that the state was in for a recession along the lines of the oil shock of the 1980s, when real estate prices plunged and unemployment soared.

The plunge in oil prices would appear to be a perfect environment for him.

But a series of shocks to the market — including plunging oil prices, Western sanctions, recession and higher beer taxes — has diminished its weight in the brewer's earnings.

Before branching out on his own, he was one of legendary investor Julian Robertson's first so - called tiger cubs, responsible for some big market calls during the 1990s such as the collapse of oil prices after start of the Persian Gulf War and the plunge in the British pound.

The 2015 budget deficit had to be revised to 3.2 percent of GDP from 3 percent after crude oil prices plunged, but that's down from a high of 6.7 percent in 2009 during the Global Financial Crisis, Maybank noted.

Chevron Corp, the second - largest U.S. - based oil producer, slashed its 2016 capital budget by 25 percent and said it would lay off roughly 10 percent of its workforce, one of the most - drastic reactions to date to the plunge in crude prices CLc1.

And while the plunge in oil prices hasn't helped business, the extra pressure to complete the deal hasn't helped Halliburton either.

That's looked like an awfully bad bet since the oil - price plunge of 2014, although the winnings sure were rolling in for a few years there.

Markets have had a wild ride in January amid worry over China's weakening economy, a plunge in oil prices and heightened global geopolitical tension.

GDP grew by 0.55 percent in the second quarter of the year, which, although a meager growth rate, was welcomed because it signaled Nigeria's exit from the recession that it plunged into due to the oil price crash.

That year hedge fund performance suffered as managers were surprised by events like a plunge in oil prices, Brexit and the U.S. election.

Bad news dominated energy headlines in 2015: Plunging oil prices.

Residents see effects of oil's price plunge from the «reduced» banners over lingering home sale signs to the empty desks and floors in downtown office towers.

This is the same Mr. Rubin who predicted $ 200 oil back in 2006 right before oil plunged from $ 147 to $ 40 a barrel and subsequently predicted the demise of the industry right before the last run - up in prices.

The market dogs that didn't bark Stocks plunged, but oil prices, bond prices and currencies were calmThe correction in the stock market probably doesn't mean the end of the bull market, because of the dogs that didn't bark, writes Anatole Kaletsky.

Trade data (nominal) has been crappy — more so than expected given the plunge in oil prices.

TORONTO — The plunge in global stock markets over the past week has dragged down the Canadian dollar and oil prices, but some market observers see signs the loonie's fortunes will change this year even as the Canadian dollar continued its slide Monday.

Angola's crude exports fall to lowest since at least 2008 OPEC disruptions could send prices above $ 80 a barrel: BofAML While plunging output in Venezuela captures the oil world's attention, Continue Reading

Plunging oil prices were a major market and economic shock in 2015 and early 2016, causing broad market volatility while adding to the pain in emerging market (EM) and high yield assets.

Oil prices have plunged 12 % since Tuesday - the worst three - day run in a year.

Stocks are having their worst start to a year in history in part because of a rapid plunge in the price of oil.

* Market expects U.S. to re-impose sanctions against Iran * Plunging Venezuelan output further tightens markets * But soaring U.S. crude production holds back marketBy Henning GloysteinSINGAPORE, April 26 (Reuters)- Oil prices rose on Thursday, lifted by concerns over supply disruptions in Venezuela and theMiddle East as well as by strong demand.Brent crude oil futures were at 74.44 per barrel at0105 GMT, up 44 cents, or 0.6 percent, from their last close.UOil prices rose on Thursday, lifted by concerns over supply disruptions in Venezuela and theMiddle East as well as by strong demand.Brent crude oil futures were at 74.44 per barrel at0105 GMT, up 44 cents, or 0.6 percent, from their last close.Uoil futures were at 74.44 per barrel at0105 GMT, up 44 cents, or 0.6 percent, from their last close.U.S.

The dramatic plunge in the prices of oil and industrial commodities as a result of slowing demand from China together with increased supply from the United States, decimated energy and materials companies» profits.

For the time being, much of the analysis on the financial losses focuses on the plunge in oil and coal prices, and the potential that a huge portion of the global reserves of oil, gas, and coal will be «stranded» in the ground to curb climate change.

With concerns about a growth slowdown, a strong U.S. dollar, and the plunge in oil prices continuing to linger, some investors have remained cautious about allocating their exposure to emerging markets.

And inflation could get worse with the latest plunge in oil prices.

Investors seem to believe that those yields are relatively safe, unlike yields from oil and gas partnerships, some of which are in the stratosphere due to the plunge in share prices.

OPEC agreed to extend the current cuts for nine months until March 2018 in what was a widely expected decision that sent oil prices plunging as investors hoped for more.

The key drivers of the Savings Glut, however, have weakened or reversed: China's growth is rebalancing toward domestic consumption, and its stock of foreign exchange (FX) reserves has declined; other Asian emerging markets have already accumulated sufficient FX reserves and no longer need to accumulate assets; and the plunge in oil prices is forcing a number of oil exporters to reduce savings to delay or smooth the adjustment in expenditures.

As a result, the world was focused on an oil contract in which there was very little volume, and whose price was plunging while the more heavily - traded March contract was not.

After years of declining output, major oil companies have ramped up crude production this year, just as they are being battered by a plunge in prices due to already excessive supplies.

The plunge in crude prices all but killed profits at China's top energy producer and its largest oil refiner.

Key reasons for last year's sluggishness was a plunge in oil prices and other commodities prices, that added to the struggles of China as it attempts to transition its economy away from manufacturing exports to developing its services industry.

Only a month into the new year and investors already have plenty to think about, from plunging oil prices to a key election in Greece to dramatic...

The agency said that with the number of rigs running in the US plunging by 60 per cent in response to lower oil prices, US shale oil production had «buckled» in April, «bringing a multiyear winning streak to an apparent close».

A purge of these stocks has yet to occur, but with the plunge in oil prices, a slew of projects now look to be unprofitable, arousing fears of a panicked reaction among capital markets.

Between 2000 and 2005 the oil price in real dollars doubled, and it doubled again by 2011 (even after plunging during the recession) and has remained high ever since.

Crude oil prices may be plunging, but gas prices here in the Great Gouged North are still as pricey as ever.

After all, it was only 18 months ago that a plunge in oil prices, coupled with fears over Chinese growth, sent high yield plunging and credit spreads soaring.

For instance, recent advances in oil and gas drilling technology helped bring on the plunge in oil prices.

With concerns about a growth slowdown, a strong U.S. dollar, and the plunge in oil prices continuing to linger, some investors have remained cautious about allocating their exposure to emerging markets.

Who could really have forecast the timing of sovereign defaults in Russia in 1998, the Mexican Peso devaluation in 1994, the U.S. Savings and Loan debacle in the mid-to-late 1980's, or the plunge in oil prices in 1982 and again in 1998?

Circuit breakers tripping and then being pulled in China, RBC raising mortgage rates in Canada and the price of oil continuing to plunge have made for quite an opening act to 2016.

Front - month West Texas Intermediate crude oil futures were priced at over $ 100 per barrel in June 2014 and had plunged to less than $ 35 per barrel by March 2016.